Market Research Report

A quick peek into the report

1.1       Trends: Current and Future Impact Assessment
1.1.1           Growing Applications in Telecommunications and Data Centers
1.1.2           Advancements in Photonic Integrated Circuits for Quantum Computing
1.2       Supply Chain Overview
1.2.1           Value chain Analysis
1.2.2           Market Map
1.3       R&D Review
1.3.1           Patent Filing Trend by Country, by Company
1.4       Regulatory and Legal Framework
1.5       Stakeholder Analysis
1.5.1           Use case
1.5.2           End User and buying criteria
1.6       Impact analysis for Key Global Events-covid19, Russia/Ukraine or Middle East crisis
1.7       Market Dynamics Overview
1.7.1           Market Drivers
1.7.2           Market Restraints
1.7.3           Market Opprtunities

2.1       Application Segmentation
2.2       Application Summary
2.3       Global Photonic Integrated Circuits Market – by Application
2.3.1           Biophotonics
2.3.2           Optical communications
2.3.3           Optical signal processing
2.3.4           Sensing

3.1       Product Segmentation
3.2       Product Summary
3.3       Global Photonic Integrated Circuits Market – by Integration Type
3.3.1           Hybrid Integration
3.3.2           Module Integration
3.3.3           Monolithic Integration
3.4       Global Photonic Integrated Circuits Market – by Raw Materials
3.4.1           Gallium Arsenide
3.4.2           Indium Phosphide
3.4.3           Lithium Niobate
3.4.4           Silica-on-Insulator
3.4.5           Others
3.5       Global Photonic Integrated Circuits Market – by Components
3.5.1           Attenuators
3.5.2           Detectors
3.5.3           Lasers
3.5.4           Modulators
3.5.5           MUX/DEMUX
3.5.6           Optical Amplifiers

4.1       Regional Summary
           Table: Global Photonic Integrated Circuits Market, By Region, ($ Million), 2022-2033
           Table: Global Photonic Integrated Circuits Market, By Region, (Thousand Units), 2022-2033
4.2       Drivers and Restraints
4.3       North America
4.3.1           Key Market Participants in North America
4.3.2           Business Drivers
4.3.3           Business Challenges
4.3.4           Application
               Table: North America Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
               Table: North America Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
4.3.5           Product
               Table: North America Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
               Table: North America Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
               Table: North America Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
               Table: North America Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
               Table: North America Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
               Table: North America Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.3.6           North America Photonic Integrated Circuits Market (by Country)
4.3.6.1               U.S.
                   Table: U.S. Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: U.S. Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.3.6.2               Canada
                   Table: Canada Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Canada Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.4       Europe
4.4.1           Key Market Participants in Europe
4.4.2           Business Drivers
4.4.3           Business Challenges
4.4.4           Application
               Table: Europe Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
               Table: Europe Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
4.4.5           Product
               Table: Europe Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
               Table: Europe Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
               Table: Europe Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
               Table: Europe Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
               Table: Europe Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
               Table: Europe Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.4.6           Europe Photonic Integrated Circuits Market (by Country)
4.4.6.1               France
                   Table: France Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: France Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.4.6.2               Germany
                   Table: Germany Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Germany Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.4.6.3               Italy
                   Table: Italy Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Italy Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.4.6.5               U.K.
                   Table: U.K. Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: U.K. Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.4.6.6               Rest-of-Europe
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Rest-of-Europe Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.5       Asia-Pacific
4.5.1           Key Market Participants in Asia-Pacific
4.5.2           Business Drivers
4.5.3           Business Challenges
4.5.4           Application
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
4.5.5           Product
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
               Table: Asia-Pacific Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.5.6           Asia-Pacific Photonic Integrated Circuits Market (by Country)
4.5.6.1               China
                   Table: China Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: China Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.5.6.2               India
                   Table: India Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: India Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: India Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: India . Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: India Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: India . Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: India Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: India . Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.5.6.3               Japan
                   Table: Japan Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Japan Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.5.6.4               Rest-of-Asia-Pacific
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Rest-of-Asia-Pacific Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.6       Rest-of-the-World
4.6.1           Key Market Participants in Rest-of-the-World
4.6.2           Business Drivers
4.6.3           Business Challenges
4.6.4           Application
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
4.6.5           Product
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
               Table: Rest-of-the-World Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.6.6           Rest of the World Photonic Integrated Circuits Market (By Region)
4.6.6.1               The Middle East and Africa
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: The Middle East and Africa Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033
4.6.6.2               Latin America
                   Table: Latin America Photonic Integrated Circuits Market, By Application ($ Million), 2022-2033
                   Table: Latin America. Photonic Integrated Circuits Market, By Application (Thousand Units), 2022-2033
                   Table: Latin America Photonic Integrated Circuits Market, By Integration Type ($ Million), 2022-2033
                   Table: Latin America Photonic Integrated Circuits Market, By Integration Type (Thousand Units), 2022-2033
                   Table: Latin America Photonic Integrated Circuits Market, By Raw Materials ($ Million), 2022-2033
                   Table: Latin America Photonic Integrated Circuits Market, By Raw Materials (Thousand Units), 2022-2033
                   Table: Latin America Photonic Integrated Circuits Market, By Components ($ Million), 2022-2033
                   Table: Latin America Photonic Integrated Circuits Market, By Components (Thousand Units), 2022-2033

5.1       Competitive Landscape
5.2       Company Profiles
5.2.1           Agilent Technologies, Inc.
5.2.1.1               Company Overview
5.2.1.2               Top Products / Product Portfolio
5.2.1.3               Top Competitors
5.2.1.4               Target Customers /End-Users
5.2.1.5               Key Personnel
5.2.1.6               Market Share
5.2.1.7               Analyst View
5.2.2           Ciena Corporation
5.2.2.1               Company Overview
5.2.2.2               Top Products / Product Portfolio
5.2.2.3               Top Competitors
5.2.2.4               Target Customers /End-Users
5.2.2.5               Key Personnel
5.2.2.6               Market Share
5.2.2.7               Analyst View
5.2.3           Cisco Systems, Inc.
5.2.3.1               Company Overview
5.2.3.2               Top Products / Product Portfolio
5.2.3.3               Top Competitors
5.2.3.4               Target Customers /End-Users
5.2.3.5               Key Personnel
5.2.3.6               Market Share
5.2.3.7               Analyst View
5.2.4           Enablence Technologies, Inc.
5.2.4.1               Company Overview
5.2.4.2               Top Products / Product Portfolio
5.2.4.3               Top Competitors
5.2.4.4               Target Customers /End-Users
5.2.4.5               Key Personnel
5.2.4.6               Market Share
5.2.4.7               Analyst View
5.2.5           Hewlett Packard Development Company, L.P.
5.2.5.1               Company Overview
5.2.5.2               Top Products / Product Portfolio
5.2.5.3               Top Competitors
5.2.5.4               Target Customers /End-Users
5.2.5.5               Key Personnel
5.2.5.6               Market Share
5.2.5.7               Analyst View
5.2.6           Infinera Corporation
5.2.6.1               Company Overview
5.2.6.2               Top Products / Product Portfolio
5.2.6.3               Top Competitors
5.2.6.4               Target Customers /End-Users
5.2.6.5               Key Personnel
5.2.6.6               Market Share
5.2.6.7               Analyst View
5.2.7           Intel Corporation
5.2.7.1               Company Overview
5.2.7.2               Top Products / Product Portfolio
5.2.7.3               Top Competitors
5.2.7.4               Target Customers /End-Users
5.2.7.5               Key Personnel
5.2.7.6               Market Share
5.2.7.7               Analyst View
5.2.8           NeoPhotonics Corporation
5.2.8.1               Company Overview
5.2.8.2               Top Products / Product Portfolio
5.2.8.3               Top Competitors
5.2.8.4               Target Customers /End-Users
5.2.8.5               Key Personnel
5.2.8.6               Market Share
5.2.8.7               Analyst View
5.2.9           POET Technologies
5.2.9.1               Company Overview
5.2.9.2               Top Products / Product Portfolio
5.2.9.3               Top Competitors
5.2.9.4               Target Customers /End-Users
5.2.9.5               Key Personnel
5.2.9.6               Market Share
5.2.9.7               Analyst View
5.2.10           Broadcom
5.2.10.1               Company Overview
5.2.10.2               Top Products / Product Portfolio
5.2.10.3               Top Competitors
5.2.10.4               Target Customers /End-Users
5.2.10.5               Key Personnel
5.2.10.6               Market Share
5.2.10.7               Analyst View
5.2.11           II-VI Incorporated
5.2.11.1               Company Overview
5.2.11.2               Top Products / Product Portfolio
5.2.11.3               Top Competitors
5.2.11.4               Target Customers /End-Users
5.2.11.5               Key Personnel
5.2.11.6               Market Share
5.2.11.7               Analyst View
5.2.12           Source Photonics Inc.
5.2.12.1               Company Overview
5.2.12.2               Top Products / Product Portfolio
5.2.12.3               Top Competitors
5.2.12.4               Target Customers /End-Users
5.2.12.5               Key Personnel
5.2.12.6               Market Share
5.2.12.7               Analyst View
5.2.13           Lumentum Holdings
5.2.13.1               Company Overview
5.2.13.2               Top Products / Product Portfolio
5.2.13.3               Top Competitors
5.2.13.4               Target Customers /End-Users
5.2.13.5               Key Personnel
5.2.13.6               Market Share
5.2.13.7               Analyst View
5.2.14           Effect Photonics
5.2.14.1               Company Overview
5.2.14.2               Top Products / Product Portfolio
5.2.14.3               Top Competitors
5.2.14.4               Target Customers /End-Users
5.2.14.5               Key Personnel
5.2.14.6               Market Share
5.2.14.7               Analyst View
5.2.15           Colorchip Ltd
5.2.15.1               Company Overview
5.2.15.2               Top Products / Product Portfolio
5.2.15.3               Top Competitors
5.2.15.4               Target Customers /End-Users
5.2.15.5               Key Personnel
5.2.15.6               Market Share
5.2.15.7               Analyst View
5.3       Other Key Market Participants

Growth Opportunities & Recommendations

Research Methodology

Photonic Integrated Circuits Market Report Coverage

Photonic Integrated Circuits Market
Base Year	2022	Market Size in 2022	$XX Billion
Forecast Period	2023-2033	Value Projection and Estimation by 2033	$XX Billion
CAGR During Forecast Period	XX%

Key Market Players and Competition Synopsis

The featured companies have been meticulously chosen, drawing insights from primary experts and thorough evaluations of company coverage, product offerings, and market presence.

Some prominent names established in this market are:

• Cisco Systems, Inc.
• Enablence Technologies, Inc.
• Hewlett Packard Development Company, L.P.
• Intel Corporation
• NeoPhotonics Corporation
• POET Technologies
• Broadcom
• II-VI Incorporated
• Source Photonics Inc.
• Lumentum Holdings
• Effect Photonics
• Colorchip Ltd

Key Questions Answered:

• What are the main factors driving the demand for Global Photonic Integrated Circuits market?
• What are the major patents filed by the companies active in the Global Photonic Integrated Circuits market?
• What are the strategies adopted by the key companies to gain a competitive edge in Photonic Integrated Circuits industry?
• What is the futuristic outlook for the photonic integrated circuits in terms of growth potential?
• Which application, integration type, raw materials, components segment is expected to lead the market over the forecast period (2023-2033)?
• Which region and country is expected to lead the market over the forecast period (2023-2033)?

Report Description

The global photonic integrated circuits (PICs) market is experiencing robust growth driven by several key factors. Firstly, there is an increasing demand for high-speed data transmission and communication in various applications, including telecommunications, data centers, and healthcare. Photonic integrated circuits offer advantages such as higher data transfer rates, lower power consumption, and reduced latency compared to traditional electronic circuits. As the world becomes more connected and data-intensive, the need for efficient and high-performance communication technologies is propelling the adoption of PICs.

Advancements in technology and the miniaturization of components have made it possible to integrate complex optical functions into compact and cost-effective photonic integrated circuits. This miniaturization not only reduces the overall footprint of devices but also enhances their performance and reliability. The ability of PICs to replace traditional bulky optical systems with compact and integrated solutions is a driving force behind their increasing adoption in various industries.

Lastly, the emergence of new applications in areas such as sensing, imaging, and quantum computing is opening up additional avenues for the use of photonic integrated circuits. As research and development efforts continue to explore novel applications for photonics, the global PICs market is likely to witness further growth. Overall, the combination of increasing demand for high-speed communication, technological advancements, 5G deployment, and the exploration of new applications is fueling the growth of the global photonic integrated circuits market.